University of Texas Can't Afford Permanent Raises
The latest victim of the budget crunch at the University of Texas? Employee raises.
UT President William Powers Jr. sent a letter to faculty and staff this week explaining that, with a few exceptions, raises would not be available in the next fiscal year — but that one-time, merit-based increases (a.k.a., bonuses) would. Everyone is eligible for those bonuses, but not everyone will get them.
Here's Powers' letter, which he posted on his blog:
Recently I shared with you information that all Texas state agencies have been asked to plan for a possible 10% budget reduction in the ...
Comments (4)
Sharon Arnoult via Texas Tribune on Facebook
Beats not laying people off, but I bet they do that, too.
Melody Simon via Texas Tribune on Facebook
They already have, Sharon.
Terry Moore via Texas Tribune on Facebook
As someone who was laid off in February after 15 years at UT, I believe Bill Powers simply doesn't care about the struggles that classified staff are facing. Maybe he should cancel his car allowance, or his country club memberships, or cut 10% of the pay from his Vice-Presidents, all of whom make more than $150,000.00 a year.
But he'd rather balance the budget on the backs of those who actually do the work that makes the University run. Those who struggle from paycheck to paycheck as it is. Shame on him. He is a disgrace as President of the University. He should resign.
Travis Willmann via Texas Tribune on Facebook
@Anthony: f#$% off and quit spamming the conversation with your BS. Either contribute to a meaningful discourse on topic or go sit your ass in front of Glenn Beck.
UT was doomed when the Lege embraced a paradigm shift about 20 years back and conceded that private funds were the best way to run a top-tier public university. Add in a lot of waste and it's going to get much worse before it gets better.